Point72 Asset Management boosted its stake in Apogee Therapeutics, a biotech firm with a market cap of $2.34 billion.

Point72 Asset Management significantly increased its stake in Apogee Therapeutics, a biotechnology company developing treatments for conditions like atopic dermatitis and COPD. The stock has received positive analyst ratings, with target prices ranging up to $110, and institutional investors now own 79.04% of the company's shares. The company's shares opened at $52.02 on Thursday, with a consensus target price of $83.88 and a market cap of $2.34 billion.

3 months ago
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